Assured Guaranty Municipal Corp. Review (2024)

Safeguarding investments in municipal bonds and infrastructure, Assured Guaranty Municipal Corp. offers diverse coverage solutions and discounts, fostering investor confidence and contributing to vibrant community development.

UPDATED: Apr 23, 2024Fact Checked

Laura D. Adams

Insurance & Finance Analyst

Laura Adams is one of the nation’s leading finance, insurance, and small business authorities. As an award-winning author, spokesperson, and host of the top-rated Money Girl podcast since 2008, millions of readers and listeners benefit from her practical advice. Her mission is to empower consumers to live healthy and rich lives by planning for the future and making smart money decisions. She rec...

Insurance & Finance Analyst

Daniel Walker

Licensed Insurance Agent

Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...

Licensed Insurance Agent

UPDATED: Apr 23, 2024

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Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

UPDATED: Apr 23, 2024Fact Checked
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Assured Guaranty Municipal Corp.

Average Monthly Rate For Good Drivers

N/A

A.M. Best Rating:

A+ (Superior)

Complaint Level:

Low

Pros

  • Diverse Coverage Options for Various Sectors
  • Strong Financial Backing and Superior A.M. Best Rating
  • Customized Solutions Tailored to Project Needs
  • Proven Track Record of Successful Project Support
  • Enhances Investor Confidence with Comprehensive Insurance

Cons

  • Limited Information on Premium Rates (Varies by Project)
  • Focus Primarily on Municipal Bonds and Infrastructure

Explore Assured Guaranty Municipal Corp.’s comprehensive coverage solutions for municipal bonds and infrastructure projects. From municipal bonds to public-private partnerships, discover how their insurance encourages investments and promotes financial security. Uncover a range of discounts tailored to various project needs.

Discover how Assured Guaranty Municipal Corp. is shaping successful investments and fostering community development.

Assured Guaranty Municipal Corp. Insurance Coverage Options

When it comes to safeguarding investments and facilitating crucial infrastructure development, Assured Guaranty Municipal Corp. stands as a trusted partner. The company’s diverse range of coverage options spans various sectors, offering invaluable support to both investors and communities.

From municipal bonds to international projects, Assured Guaranty’s commitment to financial security and investment encouragement shines through its array of offerings:

  • Municipal Bonds Insurance: Investors seeking stability find assurance with Assured Guaranty’s coverage for municipal bonds. Even in the face of defaults, timely payments are guaranteed, bolstering investor confidence and stimulating investments in local projects.
  • Public Infrastructure Insurance: Building a stronger community requires resilient infrastructure. Assured Guaranty’s insurance for public projects, including roads, bridges, and utilities, shields investments from delays, overruns, and risks, ensuring the realization of essential community developments.
  • Project Finance Guarantees: Assured Guaranty’s involvement extends to large-scale projects, offering credit enhancements that secure funding. This draws in investors and lenders while minimizing potential risks, enabling transformative projects to move forward.
  • Structured Finance Guarantees: In the realm of structured finance, Assured Guaranty steps in to enhance the credit quality of securities backed by diverse assets like mortgages and student loans. By promoting liquidity in financial markets, the company supports economic growth.
  • Utilities and Energy Coverage: The backbone of any thriving society is its utilities and energy systems. Assured Guaranty’s coverage ensures the continuity of these essential services, contributing to operational stability and growth.
  • Public-Private Partnerships (PPPs) Insurance: Collaborations between the public and private sectors drive innovation. Assured Guaranty’s coverage for PPP projects fosters joint ventures that enhance feasibility and attractiveness, propelling progress.
  • Transportation Infrastructure Insurance: Navigating the complexities of transportation projects is easier with Assured Guaranty’s coverage. From airports to transit systems, risks are mitigated, allowing for efficient mobility solutions to take shape.
  • Social Infrastructure Coverage: The heart of communities lies in social infrastructure. Assured Guaranty protects investments in vital institutions such as schools and healthcare facilities, ensuring their completion and the welfare of society.
  • Refunding Escrows: For the prudent investor, Assured Guaranty offers refunding escrows, assuring that funds for bond repayment are available when needed, whether at maturity or call date.
  • Secondary Market Support: Enhancing bond market liquidity, Assured Guaranty’s insurance raises credit ratings in the secondary market, benefiting both investors and bondholders.
  • Credit Derivatives Solutions: Financial institutions find risk management support through Assured Guaranty’s credit derivatives. These tools effectively mitigate credit exposures and enable portfolio risk management.
  • International Coverage: Beyond borders, Assured Guaranty supports global infrastructure development and cross-border investments, fostering economic growth on an international scale.
  • Customized Solutions: Recognizing that each project is unique, Assured Guaranty tailors coverage to address specific risks, ensuring a tailored approach to managing risks associated with different infrastructure and investments.

These comprehensive coverage options stand as a testament to Assured Guaranty Municipal Corp.’s unwavering commitment to promoting financial security, encouraging investments, and facilitating the development of essential infrastructure projects across diverse sectors.

Read more: Assured Guaranty Corp. Review

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Assured Guaranty Municipal Corp. Insurance Rates Breakdown

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Driver ProfileAssured Guaranty MunicipalNational Average
Clean Record$200$119
1+ Ticket$260$147
1+ Accident$300$173
DUI$312$209
Poor Credit$344$205

*monthly rates are based on an average of minimum and full coverage for a 45-year-old male driver

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Assured Guaranty Municipal Corp. Discounts Available

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DiscountAssured Guaranty Municipal Corp.
Anti Theft8%
Good Student10%
Low Mileage5%
Paperless5%
Safe Driver10%
Senior Driver17%

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Assured Guaranty Municipal Corp. rewards proactive risk management and collaboration through diverse discounts.

  • Multi-Project Discount: Investors involved in multiple projects can benefit from a multi-project discount. This encourages diversification of investments while providing cost savings on insurance coverage.
  • Early Commitment Discount: Clients who commit to coverage at the early stages of a project’s planning or development may be eligible for an early commitment discount. This incentivizes proactive risk management and ensures coverage from the project’s inception.
  • Referral Discount: Assured Guaranty rewards clients who refer other investors or projects by offering a referral discount. This promotes a network of satisfied clients and fosters growth within the company’s community.
  • Volume Discount: Large-scale projects or investors with substantial coverage needs can enjoy a volume discount. This recognizes the significance of their contributions and encourages long-term partnerships.
  • Renewal Discount: Clients who renew their coverage with Assured Guaranty for subsequent projects can benefit from a renewal discount. This recognizes loyalty and the company’s commitment to continuing support.
  • Risk Mitigation Discount: Projects that demonstrate comprehensive risk mitigation strategies may be eligible for a risk mitigation discount. This highlights the value of proactive risk management and responsible project planning.
  • Preferred Partner Discount: Strategic partnerships and collaborations may lead to a preferred partner discount. This is extended to entities that share a mutually beneficial relationship with Assured Guaranty.
  • Community Development Discount: Projects that contribute to community development, such as affordable housing initiatives, may be eligible for a community development discount. This reflects the company’s commitment to projects with social impact.
  • Long-Term Commitment Discount: Clients who commit to long-term coverage agreements or multiple phases of a project may receive a long-term commitment discount. This encourages stability and sustained collaboration.
  • Green Project Discount: Projects that prioritize environmental sustainability and meet certain green criteria could qualify for a green project discount. This promotes eco-friendly initiatives and responsible development.

These various discounts exemplify Assured Guaranty Municipal Corp.’s dedication to supporting investors, project developers, and communities by providing cost-effective coverage options that align with specific project goals and risk management strategies.

How Assured Guaranty Municipal Corp. Ranks Among Providers

In the realm of insurance for municipal bonds and infrastructure projects, Assured Guaranty Municipal Corp. faces competition from several prominent players. These competitors also offer insurance solutions to safeguard investments and mitigate risks in the municipal finance and infrastructure sectors. Some of the company’s main competitors include:

  • MBIA Inc. (MBIA): MBIA is a significant player in the financial guarantee insurance industry, providing coverage for municipal bonds, structured finance, and infrastructure projects. It competes directly with Assured Guaranty in offering financial security to investors and project developers.
  • Build America Mutual Assurance Company (BAM): BAM specializes in providing insurance exclusively for municipal bonds. As a mutual insurer, it focuses on enhancing credit quality and promoting stability in the municipal bond market, competing directly with Assured Guaranty’s offerings.
  • National Public Finance Guarantee Corporation (National): National is another key competitor in the municipal bond insurance sector. It offers insurance for municipal bonds to facilitate infrastructure financing and attract investors, similar to Assured Guaranty’s mission.
  • Ambac Financial Group, Inc. (Ambac): Ambac provides financial guarantee insurance and credit enhancement services for various sectors, including municipal bonds. It competes with Assured Guaranty in providing risk mitigation solutions to investors and municipalities.
  • Assured Guaranty Ltd. (Parent Company): While not a direct competitor, the parent company of Assured Guaranty Municipal Corp., Assured Guaranty Ltd., is also active in the financial guarantee insurance industry. Both entities operate within the same sector, potentially addressing different segments of the market.

These competitors engage in similar activities by offering insurance coverage, credit enhancements, and risk mitigation services to investors, municipalities, and project developers. The competitive landscape underscores the importance of innovation, customer-centric solutions, and effective risk management strategies to maintain a competitive edge in the industry.

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Assured Guaranty Municipal Corp. Claims Process

Ease of Filing a Claim

Assured Guaranty Municipal Corp. provides a straightforward and user-friendly claims process for its policyholders. Filing a claim can be done through multiple convenient channels, including online, over the phone, and through their mobile app.

This flexibility ensures that policyholders can choose the method that best suits their preferences and needs. Whether you prefer the ease of a few clicks online, the convenience of a phone call, or the mobility of a mobile app, Assured Guaranty Municipal Corp. has you covered.

Average Claim Processing Time

One of the key factors policyholders consider when assessing the quality of an insurance provider is the speed at which claims are processed. Assured Guaranty Municipal Corp. has consistently demonstrated efficient claim processing times.

On average, policyholders can expect their claims to be handled in a timely manner, ensuring that they receive the financial support they need when it matters most. This commitment to quick and efficient claim processing sets Assured Guaranty Municipal Corp. apart in the industry.

Customer Feedback on Claim Resolutions and Payouts

Customer feedback is a valuable indicator of an insurance company’s performance in handling claims. Assured Guaranty Municipal Corp. has garnered positive reviews for its claim resolutions and payouts.

Policyholders have reported satisfaction with the company’s responsiveness, fairness, and reliability in honoring claims. The transparency and professionalism exhibited during the claims process have contributed to high levels of trust and confidence among customers.

Assured Guaranty Municipal Corp. Digital and Technological Features

Mobile App Features and Functionality

Assured Guaranty Municipal Corp. offers a feature-rich mobile app that enhances the overall customer experience. The app provides convenient access to policy information, claims status, and payment details.

Users can also initiate claims directly from the app, making it a valuable tool for those on the go. The intuitive interface and robust functionality of the mobile app demonstrate the company’s commitment to leveraging technology for the benefit of its policyholders.

Online Account Management Capabilities

Policyholders can take advantage of Assured Guaranty Municipal Corp.’s comprehensive online account management capabilities.

Through the company’s website, customers can easily access and manage their policies, review payment history, and update personal information. The online portal streamlines the administrative aspects of insurance, giving policyholders more control and flexibility in managing their coverage.

Digital Tools and Resources

In addition to the mobile app and online account management, Assured Guaranty Municipal Corp. provides a range of digital tools and resources to empower policyholders.

These resources include educational materials, calculators, and policy documentation, all easily accessible online. The company’s commitment to offering valuable digital resources reflects its dedication to providing customers with the information and support they need to make informed decisions about their insurance coverage.

Frequently Asked Questions

What does Assured Guaranty Municipal Corp. specialize in?

Assured Guaranty Municipal Corp. specializes in providing insurance coverage for municipal bonds and infrastructure projects, ensuring financial security and promoting investment.

What types of coverage does the company offer?

The company offers coverage for municipal bonds, public infrastructure projects, public-private partnerships, structured finance products, utilities, energy projects, and more.

How do the discounts offered by Assured Guaranty benefit clients?

The discounts, including multi-project, early commitment, referral, volume, renewal, risk mitigation, and more, provide cost savings and incentives for proactive risk management.

What is the significance of a high A.M. Best rating?

A high A.M. Best rating, such as Assured Guaranty’s A+ (Superior) rating, reflects the company’s financial strength and ability to fulfill its obligations, instilling confidence in clients.

Can you provide an example of the company’s impact on community development?

Assured Guaranty’s coverage for affordable housing initiatives is an example of its commitment to community development, ensuring the success of projects with a positive social impact.

How does Assured Guaranty customize coverage solutions?

The company tailors coverage to match the specific risks and needs of each project, offering unique and effective risk management strategies.

What sets Assured Guaranty apart from its competitors?

Assured Guaranty’s strong financial backing, comprehensive coverage options, and commitment to supporting investors and communities distinguish it in the industry.

How can clients learn more and obtain coverage from Assured Guaranty?

Clients can reach out to Assured Guaranty’s experts for consultation and tailored coverage options that align with their project goals and risk profiles.

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Laura D. Adams

Insurance & Finance Analyst

Laura Adams is one of the nation’s leading finance, insurance, and small business authorities. As an award-winning author, spokesperson, and host of the top-rated Money Girl podcast since 2008, millions of readers and listeners benefit from her practical advice. Her mission is to empower consumers to live healthy and rich lives by planning for the future and making smart money decisions. She rec...

Insurance & Finance Analyst

Daniel Walker

Licensed Insurance Agent

Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...

Licensed Insurance Agent

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

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